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less vulnerable. sandy was a devastating storm. many lives were lost as a result of the storm bond seven in my state of maryland. eight billion people on the east coast of the united states at some time were without power at the results of sandy. maryland fare much better than our surrounding states. we sent a lot of our resources to help our friends in new york and new jersey and other states that were impacted, but it was the severe storm for the people in maryland. the high sustained winds were unprecedented in our state. 70 mile an hour winds, hour upon hour upon hour, doing incredible damage to our state. heavy rains. we had record number amount of rains, nine inches in the coastal area. that caused extreme coastal flooding, storm surges worked severe, waves were as high as seven feet. i want to talk specifically about the 2 regions of our state in which people are still trying to recover from the severity of the storm. one is western maryland. we were experiencing nine inches of rain on the east coast of maryland, western part of our state had this blizzard that occurred that
of sandy is a stark reminder of just how vulnerable our critical infrastructure is. as this crucial backbone is rethought and rebuilt, cramer looks at one stock that seems to be in a powerful position. could it recharge your portfolio? and later -- >> house of pleasure. >> pending home sales rose to a five-year high today. which stock should you move into, as the foundation for growth and housing becomes more secure? tonight, it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? >>> plus best medicine? health care trust of america leases over 12 million square feet of medical space nationwide. could their hefty dividend help your portfolio stay healthy? cramer gives his prognosis in an exclusive with its ceo just ahead. all coming up on "mad money." >>> now that we've had a month to reflect on hurricane sandy, one thing is very clear. our nation needs a new power grid. you know that and i know that. i call this storm a wake-up call to government officials and the utilities they regulate all over this country to finally start
, and that is it for today. >>neil: have you seen this? call it a town brawl, one month after sandy hit, the victims are having it out. >> homeowners insurance cost -- offered me $150. what can i do with that? what? what? i need your attention. okay. we need to rebuild. i don't want did leave my house. it is not a house, a home. >> i have mold and he is telling me to avoid, where am i supposed to goes i have gone to fema, to the sba. >> when you go home and get to celebrate if a nice warm house, i have no electric trip, -- electric or sewage but the city comes and the inspector says it is okay to live in. a joke. a joke. you wonder why people are mad? we the middle class and we are getting nothing from fema. they go around in a circle. deny. deny. deny. deny. deny. deny. deny. it is a joke. >> now it is out of control. the fuming still over fema. >> welcome, everyone, i am neil cavuto, done but not out. today, speaking out. victims of super storm sandy still without heat. it will without water. still without homes. now, giving fema officials who planned an otherwise, well, informational townhall mee
. or is there no market for it. a faded media interest of hurricane sandy despite the fact that there are those reeling because of hurricane sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the affected areas you probably think things are back to norm. but that's because the media is barely cleaning up the cleanup efforts. in new york city, they're living in third world conditions, raw sewage continues to flow into water ways. thousands still have no power and direct subway service is not expected to return into the middle of next year. >> we were up to five feet of water. it was not water but it was all cesspool so it was sewage water. >> how much can a body tank. >> blankets
, but not broken. coming up, inside lady liberty for a look at the damage left behind by sandy to see what needs to be done to get this american icon back up and running. dermatologist recommendedcer ] aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit today. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. since ameriprise financial was founded back in 1894, they've been committed to putting clients firs
of applause for marilyn. >> good job. >> thank you, sweetie. >>> we have sandy, 63 from new brunswick, canada. that's so nice. she had the same look as long as she can remember. she was excited to get a glam new look. let's hear her story. >> i'm excited for this one because underneath here i know that there is a hot little body and you're single. tell me what you want? from this makeover. >> i would like to look like a new yorker. >> a new yorker. >> yes. >> and you're single so we're going to make you look very glam so maybe you can find your ultimate man. >> that would be a bonus, yes. that would be great. >> all righty. she is here with her daughter-in-law lynn. let's look at sandy before and bring the new sandy out. >> wow! all right, lynn. take off your blind fold there. >> oh, my god. i love it! >> turn around, sandy. see what she's clapping for. >> oh, my gosh. it's beautiful. i love my hair. >> you obviously did a major makeover here. >> sandy had the problem of she was born blonde, her hair kept going gray and she kept highlighting it. >> look at the difference. >> i put color all o
things forward. i think it's really remarkable and i think we all now recognize with hurricane sandy, with the inclement weather and the winter we're having now that climate change and renewable power and local energy provision is paramount and we need to main ain and amplify that commitment as a city. i also continue to have my eye on the prize of the local build out and the promise of that because i think not only is the job opportunity great, and all kinds of implications around work force training and at the local level and diversify that source and needs to be local and hurricane sandy has shown us that. that if there were nor localized power 4,000 people wouldn't be out of power right now so i am supportive of moving forward as quickly as possible with the education and outreach that needs to happen. i also concur with president torres and this is organic and evolving and this financing piece is really an important discussion to have and i would welcome having that with the lafco to talk about if the possibility of local build out over this four year contract could reduce th
. this is abc news, washington. >> let's go back and talk about the storm coming in. sandy is in for spencer tonight. this is a doozy. >> it is going to be indeed da dan. it's already starting to intensify. rainfall in santa rosa check out the winds over the higher terrain gusting 40 to 50 miles an hour. even 60 miles per hour wind gust writ now at the lower elevation we now at the lower elevation we are let's check out live doppler 7 let's check out live doppler 7 hd. becoming active. we havew 32 miles an hour out of the south east. heavy rain and strong winds for the morning strong winds for the morning rush hour. rain continues on all this moisture will only do intensify the rainfall here in the bay area so we get dumped on here. 11:00 p.m. tonight the front is approaching the north bay and we'll start to see the rainfall picking up. at 4 a.m. heaviest rain orange and yellow still centered in the north bay. notice the slow moving nature of the storm. at 6:00 a.m. it's barely pressing south and east. that's where we will see some gusty winds continuing. potential for thunde
and blames superstorm sandy and five below, the name says it all. everything in the store $5 or less. and posted a profit this time around and is that 8? yeah. ultra salon cosmetics, strong profits, rich women buying makeup. up it goes. whole foods, one of my favorite stocks, whole food stores, upscale grocery store paying them a special dividend this year. this calendar year of course, and what may be a big tax increase on dividends next year. what will their liberal customers think of that? the stock is up. and pharmaceuticals, same thing, one time dividend, two bucks a share and this is only a-- this is a $6 stock. and he's paying $2 a share and so it's up $10% and sea gait makes computer hard drives and mixing the regular dividend by 6 cents a share and another dividend play before the end of the year, stock is up. dow industrials, flat as we suggested. we're up 8 points. we've been calling it a tax revolt and whole foods the latest to join in and billions in corporate profits paid to investors before the new year to avoid what may be higher taxes next year. more on that coming u
a pretty good rebound. as you said, some of the hurricane sandy koufax did affect this number we will find out on monday whether the sales came back when they announced november numbers. if you average this out, we saw, even in our company, a decline in sales of our merchant services. we have seen more of a return to normal and i was encouraged, but i guess it is now black thursday to cyber monday sales look pretty good. connell: everyone says, all right, well, what if we do not get there in terms of this washington self that monica was just talking about and we do not have a deal at the end of the year. does that didn't stop us in our tracks and terms of economic recovery? >> 20% odds on recession. if you go over the cliff and the economy falls into recession, you may have higher tax rates, but you will not have higher revenues. if you go back into recession, less people working, less income, more people out of work, more employment compensation, i do not think that is in anyone's interest. connell: if i had to make a prediction, it is in both interest of speaker boehner and president oba
ahead secret santa has a surprise gift for hurricane sandy victims. that's coming up next on "the five." i believe it's bob's segment. >> bob: it is. keep going. ♪ ♪ ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ ♪ >> bob: just so everybody knows we're benching brian next week keeping him on
to the impact of hurricane sandy. >> pelley: thanks, anthony. so can washington make a deal on the budget and avoid those tax increases? we're getting our first look tonight at president obama's proposal and the republican reaction. major garrett is at the white house for us tonight. major. >> reporter: scott, the first hard numbers from the white house to resolve the fiscal cliff crisis landed with a thud on capitol hill. congressional republicans called it an insulting joke. here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make manage more than $250,000. there's also $400 billion in cuts to entitlement programs, like medicaid and medicare, as well as others. there is also fresh new aending. $50 billion next year in stimulus spending, all for infrastructure. the white house calls this an opening bid. house republicans call it a rehash of old ideas and also object to the idea of a white house asking a permanent legislative remedy to raising the debt ceiling, all of it, the republicans say rather, is u
and an early christmas for victims of hurricane sandy. santa claus comes to the east coast bearing $100 bills. this is the morning news. east coast bearing $100 bills. this is the morning news. new ba. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. for centuries." ♪ this levian collection is amazing. maybe it's time to start your own. [ female announcer ] kay jewelers presents today's levian collection... [ gasps ] featuring exclusive levian chocolate diamonds. from the levian family - where the latest in fashion meets fine jewelry. one more reason kay is the number-one jewelry store in america. it's... a work of art? ♪ every kiss begins with kay but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon color in just 10 minutes. with root touch-up, all they see is you. introducing a revolutionary new mascara. clump crusher...crusher. 200% more volume. zero clumps. new cl
of that merchandise off the shelves. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane. meanwhile, on the west coast, those luxury items are already being sold at a pretty steady pace right now, so you are not likely to see a lot of sales on that. but certainly there will be sales, and dependent on how the season progresses, you can expect sales like that. but you are better off on the east coast getting sales on luxury goods than you will be on the west coast. > thank you very much for that update. jen waters. > > thank you. two million toys seized so far this year, and that's before christmas. that number comes from the u.s. consumer product safety commission, along with u.s.
hurricane sandy will shave another point or so off of growth. >> i think it is. that is why despite all of this, what i think of as process, it is a lot of posturing. it is a lot of politicking. people still remain convinced that these guys cannot be serious. they cannot be serious about pushing us off the fiscal cliff because it will have bad responses to republicans. the obama people will be able to say you gave away the ability to keep taxes down on 98% of americans. and for the president, the idea that he would allow the taxes to go up, again, on appetizing for him given that he said he would protect the american middle class. lori: he said the same thing over and over again. how do you see this sorting itself out? >> from purely a political viewpoint, i did not see why anyone would not make a deal. the fear i have is they just kick the can down the road thing and they create a three-month bridge. not the heart and soul of it which will be, as you said, some kind of tax hikes. then, you move on, in terms of the entitlement cuts. i do not think we will get the social security. when i
at lady liberty after superstorm sandy. >> we have a packed show ahead. steny hoyer, harvard economics pro-presser ken rogoff. russell simmons, former presidential candidate jon huntsman and good samaritan larry deprimo. >> gave the boots to the homeless man. we're going to get the whole back story there. it is friday, november 30th. tgif. to you and you as well. "starting point" begins right now. >>> your elected officials trading insults, playing the blame game here as the clock is winding down on the fiscal cliff. keep in mind time is a-wasting. in 32 days now tax rates soar, spending gets slashed. oh, and don't forget, congress, yeah, they get to take a break for the holidays in 14 days. a recipe for recession. the president is pitching a plan that calls for $1.6 trillion in tax heights and $50 billion in new infrastructure spending. he'll head to a manufacturing plant in pennsylvania to push all this. republicans aren't buying in. listen to house speaker john boehner's reaction. >> despite the claims that the president supports a balanced approach, the democrats have yet to get seriou
in new york state. % why? because of hurricane sandy and the presinks they had to use like paper ballots and they haven't been able to count them all. parts of new jersey most of those uncounted votes are up in the -- up in the northeast. so, as they are counting these votes t the president's total gets up and up and up. right now the count is the president has 65,000,069,89,000 romney 60,570. the president has a 5 million vent margin. that puts the president. still a million and a half to go at 50.9% of the vote. he will become in fact you have to say it's 51%. definitely 51%. that makes president obama only the second president in history to win two terms with more than 51% of the vote. the only other president who did that was dwight eisenhower in 52 and '56. >> that's an incredible statistic. >> that really is. >> so it was a historic win for obama, historicwin. president obama beat mitt romney by more votes than george bush beat john kerry and we know that was a blowout. people think of that as a blow out. this was a bigger blowout. >> it al
in the northeast weren't doing much car shopping. the second half had to be on fire. sandy may have been the singest biggest car destroyer since katrina. or maybe more, given the fact that so many imparted cars were damaged near the cox of the region's rivers. tuesday morning we hear from the brothers toll. here's the best home builder in the country go. ing to tell you the story of the boom. if you remember there was a time when bob toll of toll brothers and eagles fan came on "mad money" during what turned out to be the early part of the housing collapse. he said he saw the light at the end of the tunnel. but it was most like lit light of an on-coming train. those days are gladly behind us. i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they
can feel the rage. hurricane sandy and the eruption at fema officials. ahead of the holiday season. we will update you coming up next. and a cartoon snake comes the new face of a 2 trillion-dollar pension nightmare. we will tell you which state could be collapsing under the weight of its own promises, and whether you'll come in the u.s. taxpayer, could be footing the bill for a government bailout that you probably don't realize. >> so the pool of money is smaller. the demand on a pool of money leaves the current workers to ask whether there will be enough when they are able to retire. the problem is the squeeze. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. the megyn: we are keeping a close eye on cairo, egypt, after they have drafted
giant ♪ >> gretchen: you have to see this next story. frustration boiling over for sandy victims with a meeting with fema official. >> my wife and my kids are somewhere else and that's where i spend christmas. where do i put deckerationn and christmas tree up? robert moses is live on staten island. heated would be understatement for that meeting last night. >> absolutely. gretchen, good morning to you. emotions are clearlyy raww here on staten island a month after hurricane sandy hit. this is an area that got pummeled in the storm. hundreds packed into and spilled out of the high school auditorium with a meeting with elected officials and representative from city agents and fem a. they wanted agents about homes and air quality issues . those in audience were told to write down the questions and the meetingly was an emotional shouting match with residents pleading for help. >> why do you do with. >> moy homeowner's insurance offered $150. >> i need yourr attention please. >> middle class is getting the royal finger and he said fema borks for me. fema keeping going in a circle. >>
of things. sandy continues to make me feel these numbers are too difficult. i find them unfathomable. the speech is about way too much unemployment and very unfathomable in terms of the actual destruction. you got numbers from two different governors. they are unusually low. i don't trust any number during this period. >> especially the number we'll get a week from today which estimates for nonfarm are not that good. 75 maybe. sandy will continue to ring in our ears for the next few weeks. >> and then i believe you're going to get when you get supplies rebuilt and enough bricks and enough lumber. did you see that lumber hit a six-year high yesterday. >> wow. >> copper. a lot of people talking about short buy on copper. everyone saying it's about china. a lot of copper comes from scrap and the scrap in the northeast where there's a huge amount of copper, it's extraordinary. a lot of equipment is stalled. >> think of the copper wires here downtown eroded because of exposure to salt water that need to be replaced. >> when i hear the things that have been thrown away, the 500,000 cases o
. mostly because people were hit by super storm sandy. the government also says the consumer and come stayed flat for the month of october and did not rise. we're watching the dow up 10 points right now. we will have a complete update on trafficked in bay area weather we come back. the heaviest cells are in sound san mateo and livermore. they range is moving through concord but we have some are headed towards fairfield and san jose shortly. even here the what you're seeing right now. snow was on the way for the sierra. and light at three is 6 in. of snow on wednesday and there are expecting a lot more, over the course of the weekend with this system coming through. no. start reporting 7 in. of fresh snow on their trails. 7 ft. is the forecast for the next several days for the higher elevations. not bad for the sierra. of course we have to drive and a here on the bay with all of the rain that is coming in right now. it is causing problems for us this morning. erica storm tracker 4, walk us through it >> been morning james it looks like the rain is picking up. at last check it was raini
there are still struggling to get back on their feet after sandy. you'll see what happened. >>> plus, will the supreme court take up same sex marriage? we could get an answer very soon. re? i love math! but two ipads means two data plans? that's crazy. maybe not. with at&t mobile share, adding an ipad is just $10 a month. but honestly, mom and dad's love is all i really need. we should keep these for us. we should keep these. what?! [ male announcer ] at&t mobile share. add an ipad for just $10 a month. one plan. up to 10 devices. at&t. rethink possible. aids is not going to take my baby. ♪ aids will not take our future. ♪ our weapons are testing... education, care and support. ♪ and aids... ♪ aids is going to lose. aids is going to lose. ♪ in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ with
, the commerce department said americans cut back on spends. does ropes from sandy could slow growth for the rest of the year taking a like look the dow up six, back above 13,000. the nasdaq down three. >>> we are watching zynga stock and it's -- that and facebook changed their relationship status so it's less exinclusive. a new agreement lets facebook develop it's own games, zynga no longer has to use facebook. >> personal income and consumer spending was affected by sandy. it's a new government report out that said consumer spending fell two tenths of a percent in october. the first decline in five moss. economists expected to go up slightly. personal income stayed flat in october. the experts expected the increase of two tenthths of a percent but the government said that hurricane sandy reduced salaries by more than $18 billion for that month. >>> the los angeles auto show will open later this day and the ford fusion is a big award winner. it's the greenest car of the year because of all the power options this include a hybrid version, a plug in hybrid and a gas saving thank saving turbo gas
the benghazi issue? what changed the last weekend toward obama? >> certainly i think sandy changed things. it let the president be president. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally kented with him. they never felt this attachment and they didn't see him as -- >> personal. >> skekd of all, i think we failed middle income blue collar voters who feel we no longer understand their life, no longer are fighting daily for them, and they think what we're about are just the social issues and fighting for tax breaks for the wealthy. that's not what we're about, but we sure let that perception happen. >> my dad is a regular republican, not a right winger. he used to say the trouble with my party is they care about
shopping season. superstorm sandy knocking the wind out of consumers up and down the east coast. joining us to talk about the retail sector is davidberman, founder of hedge fund derden capital. thank you for coming in today. it is great to have you here. we looked at the retail numbers yesterday. and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are trying to make sense of what that means. we when you go through each retailer in the numbers, really the first half -- businesses really slowed. first two weeks. anything we think of, not the hurricane itself. must have been the concern, you know, about the hurricane and people watching tv. people focused on that. al
.s. avoided a major hurricane making landfall. some of you may say what about hurricane sandy? >> sandy was considered a cold core storm when it actually slammed. >> storm tracker 4 is showing very heavy rain above the san jose area. there are a lot of power outages including on the bridges. we will have more and we continue. >> we are back. pg&e are reporting a major power outages across the bay area. $10 of them are coming from the bay area alone. 350 are in san francisco and about 200 and the east bay peripatetic will update you as more information is available. >> there's a power outage on the stand and you can see the stream of headlights. this is the section into san francisco and this is the upper deck. and you do not see the suspension cables. they are typically 01 but they're having a power problem. the iran also is causing problems for the commute and we have a look at the golden gate bridge. and this is a wet deck and georges keeping us updated with this. >> storm tracker 4 shows ran across the bay area cup is keeping an eye on we may catch a break. >> right around 10:00 a.m.
. government says that hurricane sandy had a big role in that. that could very well be. it also led to reduced wages in the month of october. a lot of construction people along those lines could not work in the middle of all this. there will be work for them when this starts to rebuild which is some sort of silver lining there. the storm affected dozens of states with the most severe damage happening in new york and in new jersey. bill: looking to see bulldozers in some of those neighborhoods unfortunately. >>> new tension in the middle east. this is cairo, egypt. this is the scene in tahrir square and almost nightfall. look at the crowd that has gathered after lawmakers approve a new constitution threatening to inflame already tense situation between the opposition and the heart-line government. steve hair gan streaming -- harrigan, streaming live in cairo, egypt the constitution already written. coming under sharp criticism. what do we know about it, steve? >> reporter: it is being criticized by opponents of this government. first of all people say it is a rush job. they basically pulled an
around some of the areas hardest hit by hurricane sandy, handing out $100 bills to those in need. >> happy holidays. >> yes. >> absolutely. >>> let's begin with america's latest powerball millionaires. one in arizona. one in missouri. and alex perez is in the small town of dearborn, missouri, where one lucky man is about to go public with his good fortune. good morning, alex. >> reporter: well, george, good morning. within hours, the big mystery in this teeny, tiny town could be over. officials will announce who holds that ticket today. if you ask anyone around town here, they'll tell you they already know. it's a factory worker named mark hill. the avalanche of speculation began when this man, mark hill, updated the status on his facebook account late thursday, writing, we are truly blessed. we are the lucky winners of the powerball. within hours, his facebook page went dark. but his family began celebrating. telling abc news, hill is the big winner. >> he's worked very hard in his life and he won't have to anymore. >> just shocked. i mean, just -- i thought we were all going to
that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one of the five most damaging storms to hit the coast of the united states of america. i'm wondering whether or not the gentleman might have in mind doing some interim at a figure substantially below what we know will be the ultimate figure and in the next three weeks before christmas and then could the gentleman tell me whether or not if we can do that, whether or not the gentleman would require that it be offset and i yield to my friend. mr. cantor: madam speaker, i tell my friend that the best policy is to rely on the administration and fema to come up with the most accurate prediction of what the cost are before we move. so that would
pipeline. during sandy, leaking gas field hundreds of fires including places that destroyed hundreds of homes. and find as you mention so eloquently, we must stop ignoring climate change. i serve on the house energy and commerce committee. science is clear. cutting carbon emissions over the long term is key to reducing the risk of extreme weather. so i thank you for the opportunity to testify, and look forward to working together to help our fellow americans feel from hurricanes and, to ensure that we're all better prepared for similar storms of the future. thank you so much. >> thank you represented. and i would go -- welcome. >> thank you, madam chairman. very much appreciate the invitation to speak before this committee today. i am very proud to represent staten island and brooklyn. staten island was one of the hardest hit areas of all new york city. i was on the ground from the moment the storm started. the amount of devastation that i saw was unimaginable. 24 staten islanders lost their lives. families lost everything. homes were literally torn off their foundations. some collap
Search Results 0 to 31 of about 32 (some duplicates have been removed)